Workflow
IonQ(IONQ)
icon
Search documents
Wall Street Bulls Look Optimistic About IonQ (IONQ): Should You Buy?
ZACKS· 2024-10-29 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about IonQ, Inc. (IONQ) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. IonQ currently has an average brokerage recommendation (ABR ...
IonQ (IONQ) Moves 17.3% Higher: Will This Strength Last?
ZACKS· 2024-10-17 09:10
IonQ, Inc. (IONQ) shares soared 17.3% in the last trading session to close at $12.30. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 29.2% gain over the past four weeks. The upswing in share price came after the company announced it will release its financial results for the quarter ended Sep 30, 2024, on Nov 6, 2024, after market close. It is anticipated that the company will report an EPS of -$0.23, marking a 4.55% fall compar ...
Why IonQ, Inc. (IONQ) Outpaced the Stock Market Today
ZACKS· 2024-10-14 23:07
IonQ, Inc. (IONQ) closed at $10.84 in the latest trading session, marking a +1.69% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.77%. Meanwhile, the Dow experienced a rise of 0.47%, and the technology-dominated Nasdaq saw an increase of 0.87%. Coming into today, shares of the company had gained 37.37% in the past month. In that same time, the Computer and Technology sector gained 6.36%, while the S&P 500 gained 4.87%. Analysts and investors alike will be keeping a close eye on th ...
Wall Street Analysts Think IonQ (IONQ) Is a Good Investment: Is It?
ZACKS· 2024-10-11 14:35
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about IonQ, Inc. (IONQ) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. IonQ currently has an average brokerage ...
How IonQ Stock Gained 18% Last Month
The Motley Fool· 2024-10-04 00:04
What drove IonQ's stock surge in September? Find out what a major military contract means to this quantum computing pioneer. Shares of IonQ (IONQ 0.54%) rose 17.8% in September 2024, according to data from S&P Global Market Intelligence. The quantum computing pioneer was having a quiet month for the most part, but its stock chart skyrocketed on potentially game-changing news in the last week. That's where IonQ signed a substantial contract with the U.S. Air Force Research Lab (AFRL). Major military contract ...
IonQ, Inc. (IONQ) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-10-03 23:05
IonQ, Inc. (IONQ) closed the most recent trading day at $9.25, moving +0.54% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.17%. On the other hand, the Dow registered a loss of 0.44%, and the technology-centric Nasdaq decreased by 0.04%. The the stock of company has risen by 31.24% in the past month, leading the Computer and Technology sector's gain of 1.41% and the S&P 500's gain of 1.25%. The investment community will be closely monitoring the perform ...
IonQ Declines 25.8% YTD: How Should Investors Play the IONQ Stock?
ZACKS· 2024-10-03 16:21
IonQ (IONQ) shares have declined 25.8% year to date (YTD), underperforming the broader Zacks Computer and Technology Sector's appreciation of 22.1% and the Zacks Computer-Integrated System Industry's return of 27.1%. IONQ also lagged its industry peers like International Business Machines (IBM) , Agilysys (AGYS) and Hewlett Packard Enterprise (HPE) . Shares of IBM, AGYS and HPE have returned 34.3%, 24.2% and 20.8%, respectively. This underperformance can be attributed to increasing operating expenses and co ...
Is IonQ Leading the Quantum Revolution? Major Deals Fuel Growth
MarketBeat· 2024-10-01 12:16
IonQ Today IONQ IonQ $8.74 -0.97 (-9.99%) 52-Week Range $6.22 ▼ $16.60 Price Target $13.00 Add to Watchlist IonQ Inc. NYSE: IONQ is a leading developer in the field of quantum computing, focusing on the commercialization of computers based on trapped ion technology. As artificial intelligence (AI) becomes more mainstream, investors are always searching for the next cutting-edge technology. Quantum computing may be that cutting edge. However, it's still in the very early innings. Its applications and superio ...
IonQ Improves Its Tech, Pushes Closer To Commercialization
Seeking Alpha· 2024-09-30 16:59
I wrote in my article last May on how IonQ (NYSE: IONQ ) is steadily pushing toward the commercialization of its Quantum product. In the few months since then, IonQ has made strides in finding more possible Nine to 5 by day. Hobbyist stock trader by night. I got an MBA and a CFA ... so that should count for something. I only care about my own greedy interests and I love feeding trolls. Not your financial advisor. Information for entertainment purposes only. Diamond hands are forever. Analyst's Disclosure: I ...
IonQ (IONQ) Surges 20.5%: Is This an Indication of Further Gains?
ZACKS· 2024-09-30 12:15
IonQ, Inc. (IONQ) shares soared 20.5% in the last trading session to close at $9.71. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 10.1% gain over the past four weeks. The uptrend in share price was primarily attributable to a $54.5 million contract from the United States Air Force Research Lab (AFRL). This is reportedly the largest quantum contract secured by IonQ in 2024 as it remains confident of meeting or exceeding its boo ...